A Victorian house is jointly owned by a separating couple, and one of them genuinely wants to buy it at auction. How may that co-owner bid?
Correct Answer
C) From the crowd, personally or through a representative
Consumer Affairs Victoria says that where a property is jointly owned, one or more owners who genuinely want to buy may bid from the crowd, themselves or through a representative, but cannot bid through the auctioneer. Co-owner bidding must be set out in the displayed rules and announced at the start.
Why This Is the Correct Answer
Victorian co-owners bid from the crowd, personally or by a representative.
Why the Other Options Are Wrong
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A Victorian auction is set for 11 am on site. By what time must the auction rules and other conditions be on display there?
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